Sectors

Value-add strategies move into the spotlight

Capital raised for value-add funds has surged amid a scarcity of blockbuster fund closures or launches in the opportunistic space.

Starwood eyes ‘attractive entry point’ after $10.2bn close for Fund XIII

Launched in a ‘different environment’ for real estate in 2023, the firm’s latest flagship fund gathered enough momentum over the past year to top its $10bn fundraising goal.

Schroders Capital on why recapitalization is more than just a liquidity tool

Recapitalizations are emerging as a way to bridge Europe’s funding gap, combining capital discipline with operating expertise to enable platforms to institutionalize and grow, say Schroders Capital’s Kieran Farrelly and James MacNamara.

Public REITs’ balancing act

The new entrants have closed some of the largest private real estate funds this year, but can they serve two disparate investor groups?

Energy costs bring renewables into sharper focus

With the Iran war exposing the volatility of energy pricing and the fragility of global supply, real estate managers consider how renewable energy can help mitigate the risks.

Core real estate stands to benefit from rising infrastructure risk

The strategy is regaining its appeal as other real assets become more vulnerable amid heightened geopolitical tensions, writes Josh Pristaw, president at Clarion Partners, real estate investment manager of Franklin Templeton.

Affinius nears $1bn raise for first data center fund

The Texas-based manager has pulled in $905m to date for the US-focused vehicle, backed by investors including Canadian pension La Caisse.

JPMorgan Private Bank ‘revisiting a lot of real estate managers’

Asia head of alternatives Albert Yang sees property coming back after a challenging period for the asset class.

Hines’ Munk wants LPs in public REITs’ private funds to ‘wake up’

The executive at the Houston-based manager believes the vehicles are problematic not just for investors but for the industry overall.

Digital Realty CEO Andy Power: Private fundraising is ‘critical to the success of our company’

The global data center REIT boss talks to The PERE Podcast about why its multi-series, multi-region private fundraising push is essential for a capital-intensive opportunity that is only ‘ratcheting up.’